THE IMPORTANCE OF RESPONSIBLE INVESTING
Helping shape communities for the better
Our investments are real assets that have a physical impact on the environment. We seek to build, operate, and manage these assets in a responsible manner that considers the health and wellbeing of the surrounding communities and the environment.
Integral to the everyday functions of communities
Our investments are vital to the functioning of cities, communities, and society. We prioritize assets that make a positive impact, enhancing daily life for their users and contributing to the well-being of society.
Long-lived assets managed for sustainability
Our investments are long-life assets designed to endure for decades. We focus on assets built and managed sustainably, preserving economic, environmental, and social value over time.
Utilizing resources consciously
The assets require significant materials, energy, equipment, and labor to build and operate. By efficiently utilizing resources, we contribute to sustainable value creation, enhancing the well-being of people and the planet while preserving long-term value.
OUR COMMITMENT TO 6 CORE PRINCIPLES
As a signatory to the Principles for Responsible Investment, we strive to adhere to the Six Principles. We pursue opportunities to enhance environmentally positive features, safety, diversity and inclusivity, and economic opportunities in our investments.
OUR POLICY
Tikehau Star Infra responsible investment policy informs all our investment strategies and includes an exclusion list.
ESG integration is central to the Tikehau Capital Group’s strategy. Engagement initiatives are implemented as needed, with the aim of advancing portfolio companies’ sustainability journeys.
Exclude some risky sectors, behaviors and jurisdictions to protect value
Incorporate ESG factors in financial analysis to increase value.
Work with management and/or governance bodies to identify value-creating ESG measures.
OUR APPROACH
Investment Phase I: Gating Issues & ESG Risk Classification
Investment Phase II: Detailed ESG Due Diligence
Asset Management Phase
GUIDING PRINCIPLES
Below are some examples of Environmental, Social, and Governance metrics and associated goals that we strive to achieve as an organization:
Investing in projects with environmentally positive features, sustainable design, construction, operations, and maintenance.
–
Constructing projects in a responsible manner, with minimal impact to natural habitats.
–
A holistic approach that considers potential environmental risks within the asset life cycle to make our assets resilient to climate-related hazards.
Developing infrastructure assets in a manner that strives to ensure safety of all stakeholders – including workers, end users, and neighbors.
–
Promoting economic opportunity by supporting projects that include strong Minority, Women, and Disadvantaged Business (MWDBE) participation.
–
Focusing on assets that bring social, cultural, and economic benefits to the communities we invest in.
Participating in fair and transparent procurement processes, with established guidelines and protections, striving to ensure that the public interest is maintained.
–
Delivering projects that involve a balanced approach to risk and benefit sharing between the public and private sectors.
–
Creating and adhering to strong controls that strictly avoid bribery, corruption, money-laundering, and other illegal activities.
ESG IN ACTION
The first P3 in the country to focus on a large-scale replacement of existing street lights with energy-efficient LED technology. Since the start of operations in August 2017, the project has met and exceeded energy performance goals by achieving energy savings of more than 43 million kilowatt-hours.
Upon completion, the courthouse will likely achieve an estimated 30% reduction in energy consumption when compared to more traditional design and construction methods. The project will most likely also include solar panel arrays that will then escalate from a LEED Silver, as originally proposed, to a LEED Gold Certified Building.
The project involves an environmentally friendly site design with a reduced footprint, the planting of more than 100 new trees and no existing trees removed, bike path/bike storage, a dedicated bus stop, reduced parking footprint, and dedicated electric and fuel-efficient vehicle parking.
This highway is an exceptional demonstration of a large-scale infrastructure project that was executed in a socially responsible manner. By teaming with world-class contractor partners, Tikehau Star Infra helped deliver a project involving more than 1.76 million man-hours worked, with just 2 lost-time accidents.
In addition to this exceptional safety record, the project also met and exceeded its Disadvantaged Business Enterprise (DBE) goals by more than 25% (10% participation achieved vs. 8% goal).
